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MoneyWireNCLT Flipkart: NCLT approves Flipkart's proposal to shift base from Singapore to India
NCLT Flipkart

NCLT approves Flipkart's proposal to shift base from Singapore to India

This story was originally published at 19:31 IST on 15 December 2025
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Informist, Monday, Dec. 15, 2025

 

NEW DELHI – The Delhi bench of the National Company Law Tribunal has approved Walmart-owned e-commerce giant Flipkart's scheme of arrangement to shift its domicile from Singapore to India. This came ahead of Flipkart's reported plan to launch an initial public offering in India next year.

 

The tribunal approved the merger of Singapore entities Flipkart Health Pvt. Ltd., Quickroutes International Pvt. Ltd., Flipkart Marketplace Pvt. Ltd., F.K. Myntra Holdings Pvt. Ltd., Flipkart Investments Pvt. Ltd., Klick2Shop Logistics Services International Pvt. Ltd. and Flippay Pvt. Ltd. with India company Flipkart Internet Pvt. Ltd. The resultant company from this transfer would merge with Flipkart Pvt. Ltd.

 

Flipkart said that the scheme will simplify and unify the group's holding structure by reducing shareholding tiers and will also demonstrate the group's direct commitment to and engagement with shareholders in India. The scheme will achieve cost savings through further operational rationalisation, standardisation of business processes, improved administrative efficiency, and optimal utilisation, the e-commerce company said.  End

 

Reported by Surya Tripathi

Edited by Saji George Titus

 

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